Mid-Year Adjustment. In addition to the annual adjustment, the TRUST may implement a mid-year adjustment to the Facility O&M Fees in any given Contract Year when the TRUST determines that the current costs are estimated to be ten percent (10%) lower or higher than budget set for Facility O&M Fees during the same period of the then Contract Year. TRUST will notify and hold a consultation meeting with the On Airport RAC’S at least thirty (30) days prior to the implementation of a mid-year adjustment, at which time the effective date for such rate adjustment will be provided.
Mid-Year Adjustment. Subject to sub- 20 sections (i)(1)(B) and (k), for each fiscal year, the 21 Commission shall determine, by March 1 of such fis- 22 cal year, whether, based on the actual aggregate dol- 23 lar volume of sales during the first 5 months of such 24 fiscal year, the baseline estimate of the aggregate 25 dollar volume of sales used under paragraph (1) for 1 such fiscal year is reasonably likely to be 10 percent 2 (or more) greater or less than the actual aggregate 3 dollar volume of sales for such fiscal year. If the 4 Commission so determines, the Commission shall by 5 order, no later than March 1, adjust each of the 6 rates applicable under subsections (b) and (c) for 7 such fiscal year to a uniform adjusted rate that, 8 when applied to the revised estimate of the aggre- 9 gate dollar amount of sales for the remainder of 10 such fiscal year, is reasonably likely to produce ag- 11 gregate fee collections under this section (including 12 fees collected during such five-month period and as- 13 sessments collected under subsection (d) of this sec- 14 tion) that are equal to the regular appropriation to 15 the Commission by Congress for such fiscal year. In 16 making such revised estimate, the Commission shall, 17 after consultation with the Congressional Budget Of- 18 fice and the Office of Management and Budget, use 19 the same methodology required by subsection (l). 20 ‘‘(3) REVIEW.—In exercising its authority 21 under this subsection, the Commission shall not be 22 required to comply with the provisions of section 553 23 of title 5, United States Code. An adjusted rate pre- 24 scribed under paragraph (1) or (2) and published 1 under subsection (g) shall not be subject to judicial 2 review.
Mid-Year Adjustment. To allow for a projected change in the maximum sale price between publication dates of the AMI, the maximum sale price may be changed by a "mid-year adjustment" calculated as follows:
Mid-Year Adjustment. Any salary adjustment made on February 28 shall be paid only for those contract days between February 1 and the end of the school year.
